Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets are chugging along to new record highs again. Pockets of the tech trade are continuing to surge, with Lumentum , Coherent , Corning , Western…
A shopper walks past a Coach retail store inside a shopping mall on March 24, 2026 in Shenzhen, Guangdong province, China. Cheng Xin | Getty Images China’s producer prices rose at their fastest pace in more than three years in April, while consumer inflation also beat forecasts, as Iran war-driven commodity costs and holiday spending…
If the Federal Reserve still has any reasons to cut interest rates in the near future, they’re getting harder and harder to find. Friday’s jobs report for April provided the latest evidence that the central bank’s larger concern isn’t a flagging labor market but rather a cost of living that is getting increasingly harder for…
In an aerial view, the Marathon Petroleum Corp’s Los Angeles Refinery is seen on April 2, 2026 in Carson, California. Justin Sullivan | Getty Images Oil prices declined on Tuesday as traders assessed the risk of immediate supply disruptions amid renewed tensions between the United States and Iran. International benchmark Brent crude futures dipped 1.3% to…
Alexander Manzyuk | Reuters Oil extended gains as a report suggested the U.S. military would brief President Donald Trump on potential action against Iran, raising worries that armed conflict could resume, building on the American blockade of Iranian exports. Axios reported Thursday that the U.S. Central Command was set to present Trump plans for potential…
Pharma thinks it’s found the next frontier in preventing heart attacks. Novartis, Amgen and Eli Lilly are among the drugmakers betting that slashing levels of a particularly bad form of cholesterol could deliver the next blockbusters in cardiology. All three of the pharmaceutical giants are in late-stage trials to test whether drugs that cut Lp(a)…
Ships and tankers in the Strait of Hormuz off the coast of Musandam, Oman, April 18, 2026. Stringer | Reuters Oil prices were higher on Monday morning as plans for a second round of peace negotiations between the U.S. and Iran unraveled again. International benchmark Brent oil futures with June delivery rose more than 3%…
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., April 16, 2026. Jeenah Moon | Reuters Global markets are entering the week balancing resilient risk appetite against renewed geopolitical strain as prospects of U.S.-Iran negotiations took a hit over the weekend. U.S. President Donald Trump scrapped…
A Best Buy logo is displayed outside one of their stores on October 10, 2025 in San Diego, California. Kevin Carter | Getty Images Best Buy said Wednesday that company veteran Jason Bonfig will succeed Corie Barry as the retailer’s CEO on Oct. 31, taking over as Best Buy tries to break a run of…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Stocks edged lower from record highs after oil jumped 5% into the high $80s, driven by uncertainty over commercial ship traffic in the Strait of Hormuz….
